This morning there is a possibility that many investors are going to be focused on the Cytta Corp (OTCMKTS:CYCA) stock owing to the major new announcement that the company had made yesterday. The company announced yesterday that owing to current installations that it had been working on at Ocean County, New Jersey, the 2022 Constitutional Officers’ Association of New Jersey (COANJ) Conference had invited Cytta Corp to provide a live demonstration of the School SOS feature and IGAN 2.0.
Trading Data
On Tuesday, CYCA stock slid 0.10% to $0.1039 with more than 165.31K shares, compared to its average volume of 211.44K shares. The stock moved within a range of $0.1000 – 0.1050 after opening trade at $0.1050.
Cytta Demonstrates IGAN School SOS Feature, Incorporated Into 6 NJ Votech Schools in Conjunction with Sheriff’s IGAN 2.0
The event had actually been held from September 20 to September 22 at Atlantic City. It should be noted that COANJ is the formal organization that is meant for a range of elected law enforcement professionals in the state of New Jersey.
The demonstration was supposed to be an important one since it was going to showcase the possibility of using those products in case of school emergencies. On the other hand, it should be noted that the company had also managed to create a IGAN 2.0 integration model that was meant for schools in the United States. It is meant for providing the requisite security and safety to these schools. It remains to be seen if the Cytta Corp stock moves this week or not.
Key Quote
“IGAN technologies can add an additional layer of safety by keeping school administrators, teachers, and emergency responders informed with real-time video communications,” said Gary Campbell, CEO of Cytta Corp. “Real-time audio, video, and other data could help mitigate a critical incident.”
Technical Data
CYCA stock is trading below the 20-Day and 50-Day Moving averages of $0.11 and $0.13 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.20.
